Truly Agreed, 2016

379.125. Any company or association, other than life,
organized under the provisions of chapter 379 may cause itself
to be wholly or partially reinsured against any loss arising
from any risk which it may have undertaken, and in like manner
may reinsure or guarantee any other corporation doing the same
kind of business as itself (including, for policies issued
outside of the United States, insurance of life risks that
are attached as riders to policies, provided that the aggregate
premium assumed on an annual basis pursuant to such life risks
does not exceed three percent of the capital and surplus of
such company as of the thirty-first day of December of the
preceding year), against loss arising from any risks that
shall have been or may be undertaken by such corporation, or
may join with any such corporation in any such risk, and may
make and enter into all manner of contracts relating to such
reinsurance and joint insurance, and the terms upon which the
same shall be conducted; provided, however, any company reinsuring
the whole of any single risk or risks the same being a substantial
portion of all risks insured by the company shall be subject
to the provisions of section 375.241.